Freighter conversion market 'perking up', says bullish Airbus
Feedstock is beginning to percolate back into the freighter conversion sector after a year of ...
© Björn Wylezich
By Alex Lennane
Boeing is not alone in having some expensive problems. Airbus has agreed to pay a whopping $3.9bn in penalties for “bribing” officials in China – and elsewhere. The money will be paid to France, the UK and the US. The case revolved around a seven-year scheme in which the aircraft manufacturer offered and paid decision-makers, including some in government, to win business. It hid the payments through a business partner with a bank account in Hong Kong, reports FreightWaves.
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